financetom
Business
financetom
/
Business
/
US to announce Nexperia's China facilities will resume shipments, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US to announce Nexperia's China facilities will resume shipments, source says
Oct 31, 2025 9:09 PM

WASHINGTON (Reuters) -The White House plans to announce that Dutch chipmaker Nexperia's China facilities will resume shipments, a source said, in what would be a relief for auto manufacturers worldwide who faced the imminent prospect of curbing production.

The Dutch government seized control this month of Nexperia, owned by Chinese company Wingtech. The move prompted Beijing to block Nexperia products from leaving China.

The company produces large volumes of semiconductors in the Netherlands that are widely used in autos and consumer electronics. Some 70% of the Netherlands-produced chips are packaged in China and sold mostly to distributors.

The Chinese Commerce Ministry appeared to confirm the source's comments in a statement, saying it will consider exemptions for Nexperia chip exports from the country.

"As a responsible major country, China fully considers the security and stability of domestic and international production and supply chains," the ministry said, adding companies facing difficulty obtaining parts should contact Chinese authorities. "We will comprehensively consider the actual situation of the enterprise and exempt eligible exports."

The White House did not immediately respond to a request for comment. It is expected to soon release a fact sheet offering more details on a trade truce between the U.S. and China that included Nexperia and was struck at a summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea this week.

Nexperia makes basic, inexpensive power control chips such as transistors and diodes that cost only a few cents to buy. However, such chips are needed in almost every device that uses electricity.

In cars, they are used to connect the battery to motors, for lights and sensors, for braking systems, airbag controllers, entertainment systems and electric windows.

Automakers have warned the White House that without a steady supply of chips, significant U.S. auto production would begin to shut down in the coming weeks.

Honda ( HMC ) suspended production at a Mexican plant on Tuesday, and has started to adjust production in the U.S. and Canada, a spokesperson said.

Reuters reported on Friday that Nexperia suspended supplies of wafers to its Chinese assembly plant, according to a letter addressed to its customers, which could exacerbate the supply squeeze.

Court filings showed that the seizure by the Dutch government came as U.S. pressure was rising on Nexperia after Wingtech was placed on a restricted-export list, though Dutch authorities say governance shortcomings were the trigger.

Industry bodies have sounded the alarm over the possible impact on production. On Thursday, Stellantis ( STLA ), which makes Jeep SUVs, said it had set up a "war room" to monitor the situation.

Japanese automaker Nissan ( NSANF ) said it had enough chips at the moment to last until the first week of November without disruption.

(Reporting by David Shepardson; Editing by Scott Malone, David Gregorio and Muralikumar Anantharaman)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lomiko Metals to Close First Tranche of $650,000 Private Placement
Lomiko Metals to Close First Tranche of $650,000 Private Placement
Oct 7, 2025
09:02 AM EDT, 10/07/2025 (MT Newswires) -- Lomiko Metals ( LMRMF ) , near 52 week lows, overnight Monday said it will apply to the TSX Venture Exchange (TSXV) for approval to close the first tranche of the hard dollar financing for total proceeds of $650,000. The company expects to issue 6.5 million common shares at $0.10, along with a...
Aris Mining Q3 Gold Production Increases
Aris Mining Q3 Gold Production Increases
Oct 7, 2025
09:00 AM EDT, 10/07/2025 (MT Newswires) -- Aris Mining ( ARMN ) said Tuesday it produced 73,236 ounces of gold in Q3, up from 53,608 ounces a year earlier. The company said it remains on track to meet its full-year guidance of 230,000 to 275,000 ounces following the successful commissioning of the expanded Segovia mill in June. Shares of Aris...
Qualcomm buys open-source electronics firm Arduino
Qualcomm buys open-source electronics firm Arduino
Oct 7, 2025
SAN FRANCISCO, Oct 7 (Reuters) - Qualcomm ( QCOM ) on Tuesday said it has acquired Arduino, an Italian not-for-profit firm that makes hardware and software for developing prototypes of robots and other electronic gadgets. San Diego-based Qualcomm ( QCOM ) is a major supplier of chips at the heart of mobile phones but has been expanding into other fields...
AEye Rolls Out Apollo Lidar Sensor to US Defense Contractor
AEye Rolls Out Apollo Lidar Sensor to US Defense Contractor
Oct 7, 2025
09:01 AM EDT, 10/07/2025 (MT Newswires) -- AEye ( LIDR ) said Tuesday it has begun shipments of its Apollo lidar sensor to an unnamed US defense contractor. Financial terms were not disclosed. The company said Apollo is an ultra-long-range lidar sensor for use in both manned and unmanned aerial vehicles, and can provide risk and safety improvements during flight...
Copyright 2023-2026 - www.financetom.com All Rights Reserved